NQ US Performance

NQUSB5759LMJPYT -- USA Index  

 1,467  17.85  1.23%

The index owns Beta (Systematic Risk) of 0.0 which conveys that the returns on MARKET and NQ US are completely uncorrelated. Although it is extremely important to respect NQ US Travel existing price patterns, it is better to be realistic regarding the information on equity price patterns. The way in which we are estimating future performance of any index is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing NQ US Travel technical indicators you can at this moment evaluate if the expected return of 0.0589% will be sustainable into the future.
Horizon     30 Days    Login   to change

NQ US Travel Relative Risk vs. Return Landscape

If you would invest  144,995  in NQ US Travel Tourism Lg Md C on September 21, 2019 and sell it today you would earn a total of  1,739  from holding NQ US Travel Tourism Lg Md C or generate 1.2% return on investment over 30 days. NQ US Travel Tourism Lg Md C is generating 0.0589% of daily returns and assumes 1.3855% volatility on return distribution over the 30 days horizon. Simply put, 12% of equities are less volatile than NQ US and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, NQ US is expected to generate 1.4 times more return on investment than the market. However, the company is 1.4 times more volatile than its market benchmark. It trades about 0.04 of its potential returns per unit of risk. The DOW is currently generating roughly -0.03 per unit of risk.

NQ US Market Risk Analysis

Sharpe Ratio = 0.0425
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NQ US Relative Performance Indicators

Estimated Market Risk
 1.39
  actual daily
 
 12 %
of total potential
 
1212
Expected Return
 0.06
  actual daily
 
 1 %
of total potential
 
11
Risk-Adjusted Return
 0.04
  actual daily
 
 2 %
of total potential
 
22
Based on monthly moving average NQ US is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of NQ US by adding it to a well-diversified portfolio.

NQ US Alerts

Equity Alerts and Improvement Suggestions

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